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I get the question a lot about what's a global market strategist.
Some people think it's something rather exotic, but really, that's someone who looks for investment opportunities around the whole world.
I got bitten by the travel bug in the mid-60s. My parents took us to the Dominican Republic for my father's work for two years. That's where I decided that I really loved learning about other cultures. I made some really great friends there, and since then, I've studied overseas, I've worked overseas, and now I even do quite a bit of research work overseas.
Traveling is such a discovery process. Every time I go, I meet someone new or I renew an old friendship, an old acquaintance. I mean these are business people I'm meeting with, analysts, some of them are government officials, and each time I learn something new that I hadn't thought about if I just sit here and read things.
Well, three traits I think make me suited for this role as a global market strategist. First, I'm patient, which means I have views on markets, but I also put a lot of energy into finding where we could be wrong. Secondly, I'm balanced. That means that I like to tell investors what I think but also to be blunt about where we see risks and let the investors decide. But most of all, I love research.
I've been doing research on politics and economics since I was 14 when I used to collect and summarize newspaper articles on Latin American and Soviet politics and economics for my dad who was a university political scientist. My dad was a teacher all his life and I think I caught the bug from him. So, I love to teach. It's my way to give back. I've been teaching over 35 years now in all sorts of situations and it's really still something I want to do every day.
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Investing in foreign securities presents certain risks not associated with domestic investments, such as currency fluctuation, political and economic instability, and different accounting standards. This may result in greater share price volatility. These risks are heightened in emerging markets.
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